A recent article in FT Alphaville offers insights from GMO’s Head of Asset Allocation Ben Inker regarding the potential for a value reversal, as outlined in the firm’s third quarter…
Day: October 21, 2019
Mutual Fund Unicorn Investment Backfires
The attempt by mutual funds to beat benchmarks by investing heavily in unicorns—private companies worth more than $1 billion—has been disappointing as “newly public companies are being forced to mark…